This interior decor small-cap stock with sound fundamentals jumped over 80 per cent in September! Do you own it?
DSIJ Intelligence / 30 Sep 2022/ Categories: Mindshare, Trending

The company has posted rising revenue and net profit for the past three consecutive financial years. Also, the operating margins have seen a good jump recently. The lamination and interior decor sectors are expected to boom in the times to come, given improving lifestyle conditions across top-tier cities in India.
The bulls cheered post-RBI meeting as the broader indices witnessed a good short-covering rally. Besides, strong buying was also seen across the Mid-Cap and Small-Cap stocks. Stocks with strong growth potential are available at low prices and value-buying has emerged in some stocks.
Meanwhile, the shares of Airo Lam Ltd (NSE: AIROLAM) have soared nearly 9 per cent on Friday amid strong buying interest from HNI investors. With this, it has hit a fresh 52-week high level of Rs 125.15 on NSE and also, registered a strong price volume breakout. The stock has now jumped over 80 per cent in the month of September, making it one of the best-performing small-cap stocks of September!
Airo Lam is a Rs 185 crore market capitalisation company, engaged in manufacturing high-quality decorative laminates for residential and commercial applications, following top-notch quality standards. The company has posted rising revenue and net profit for the past three consecutive financial years. Also, the operating margins have seen a good jump recently. The lamination and interior decor sectors are expected to boom in the times to come, given improving lifestyle conditions across top-tier cities in India. Overall, the company has reported sound fundamentals and strong growth expectations.
Currently, the shares of AIROLAM are trading at Rs 123 level on NSE. Long-term investors can include this stock on their watchlist to track its further progress!